Nordisk Group A/S — Credit Rating and Financial Key Figures
Credit rating
Company information
About Nordisk Group A/S
Nordisk Group A/S (CVR number: 35778012) is a company from KOLDING. The company recorded a gross profit of 2778.6 kDKK in 2020. The operating profit was -2902.6 kDKK, while net earnings were -3134.2 kDKK. The profitability of the company measured by Return on Assets (ROA) was -20.8 %, which can be considered poor and Return on Equity (ROE) was -64.8 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 25.2 %, a level that can be considered to be low. This means a higher proportion of debt in its capital structure, indicating a greater reliance on borrowed funds. Nordisk Group A/S's liquidity measured by quick ratio was 0.5 which is at a low level. Thus, the company may face difficulties in addressing its short-term obligations with its available liquid assets.
Financial information
See financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2016 | 2017 | 2018 | 2019 | 2020 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | 10 293.00 | 6 021.00 | 5 072.00 | 5 225.00 | 2 778.64 |
EBIT | -1 519.00 | -5 423.00 | -3 717.00 | - 634.00 | -2 902.59 |
Net earnings | -1 548.00 | -3 512.00 | -3 620.00 | - 699.00 | -3 134.15 |
Shareholders equity total | 7 760.00 | 15 857.00 | 6 837.00 | 6 138.00 | 3 539.84 |
Balance sheet total (assets) | 19 159.00 | 29 020.00 | 17 805.00 | 13 786.00 | 14 057.11 |
Net debt | 6 138.00 | 7 959.00 | 6 380.00 | 4 378.00 | 2 890.84 |
Profitability | |||||
EBIT-% | |||||
ROA | -7.7 % | -18.0 % | -17.2 % | -3.8 % | -20.8 % |
ROE | -19.9 % | -29.7 % | -31.9 % | -10.8 % | -64.8 % |
ROI | -10.6 % | -22.9 % | -21.6 % | -5.0 % | -30.6 % |
Economic value added (EVA) | -1 196.65 | -4 621.52 | -3 005.34 | - 803.35 | -3 189.57 |
Solvency | |||||
Equity ratio | 40.6 % | 54.6 % | 39.9 % | 44.5 % | 25.2 % |
Gearing | 80.2 % | 50.7 % | 93.7 % | 71.7 % | 116.8 % |
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 0.5 | 0.5 | 0.6 | 0.5 | 0.5 |
Current ratio | 1.3 | 1.1 | 1.3 | 1.5 | 1.2 |
Cash and cash equivalents | 86.00 | 81.00 | 28.00 | 22.00 | 1 243.12 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | A | BBB | BBB | BBB | BBB |
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